ALEC Holdings reported a net profit of AED 687.1 million for the 2025 fiscal year, nearly doubling the AED 362.9 million recorded in 2024.
Annual contract revenue increased 55% to AED 12.60 billion, with the company reporting a project backlog of AED 30.29 billion in unsatisfied performance obligations.
The company successfully listed on the Dubai Financial Market on October 15, 2025, following its conversion to a Public Joint Stock Company and an initial public offering.
Basic earnings per share rose to AED 0.137 from AED 0.072, while cash dividends totaling AED 265 million were paid to shareholders during the year.
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